NOT LISTED FOR SALE

243 San Jacinto Dr San Diego, CA 92114

Valencia Park Neighborhood
12 Beds
4 Baths
3,648 Sq Ft
1959 Built

Last Sold April 03, 2025

Last sale price $1,355,000 $371 Per Sq Ft

7 Days on Market

About This Home

As of April 2025

Prime Investment Opportunity – 5% current CAP rate. We are pleased to present a well-maintained four-unit property on a desirable corner lot in San Jacinto. Each of the (4) units features 3 bedrooms and 1 bath, offering a total of 3,648 sq. ft. of livable space. Recent upgrades include a newly renovated exterior, refreshed landscaping, an updated laundry room, and new electrical sub-panels. The property also offers four off-street parking spaces. With strong rental demand and room for future growth, this property is perfect for investors looking to maximize returns. Don’t miss this exceptional opportunity! The neighborhood of Encanto is in southeastern San Diego, known for its hilly terrain, open spaces, and suburban feel. It offers a mix of single-family homes, low density apartments, parks, and local amenities, with convenient access to public transportation and major freeways. The area provides a quieter atmosphere while still being close to downtown San Diego

Last Agent to Sell the Property

Colin Darville

Bridgepoint Realty Inc License #02108003 Listed on: 02/13/2025

Last Buyer's Agent

Twana Rasoul

Compass License #02026495

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Drip Irrigation
  • Partially Fenced Property

Community Details

  • 4 Units
  • Laundry Facilities
  • Net Operating Income $65,590

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 5481813001

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Castana St
  • Neighborhood: Valencia Park
  • Stories: 2 Story
  • Sale Price List Price: 1.02
  • Total Stories: 2
  • Year Built: 1959
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Community: ENCANTO
  • Complex Features: Laundry Facilities

Lot Info

  • Irrigation: Drip
  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 5481813001

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 65590
  • Annual Expense Actual: 33026
  • Gross Rent Multiplier Actual: 13.0
  • Gross Sched Income Actual: 99612
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $1,355,000 +2.3% $371 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $1,325,000 -- $363 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Colin Darville

    Seller's Agent in 2025

    Colin Darville

    Bridgepoint Realty Inc

    (858) 328-2567

    1 in this area

    11 Total Sales

    Colin Darville
    Section Image
  • Twana Rasoul

    Buyer's Agent in 2025

    Twana Rasoul

    Compass

    (619) 792-8295

    2 in this area

    192 Total Sales

    Twana Rasoul
    Section Image
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Map

Source: San Diego MLS

MLS Number: 250018795

San Diego MLS
California San Diego County San Diego 92114 Valencia Park

243 San Jacinto Dr, San Diego, CA

This home is located at 243 San Jacinto Dr, San Diego, CA 92114 since 13 February 2025. This property was built in 1959. 243 San Jacinto Dr is a home located in San Diego County with nearby schools including Horton Elementary School, Millennial Tech Middle School, and Lincoln High School.

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